Posts in category

Liquidity crisis


As expected, given the widespread uncertainty that followed the Omicron variant, the Monetary Policy Committee (MPC) voted to maintain the status quo on policy rates, with one member continuing to oppose the “accommodative stance ” politics. The reverse repo rate is maintained at 4 percent and the reverse repo rate at 3.35 percent. The forecast …

Libya’s rival central banks said on Monday they had reached a reunification deal, seven years after their split as conflict tore the country apart. The original bank, which manages the North African state’s vast oil revenues, was dissolved in 2014 when a complex civil war resulted in rival administrations in the east and west. But …

THANE: Maharashtra Planning Authority CIDCO has obtained a general notice of compliance from the Airports Authority of India (AAI) regarding the heights allowed for buildings in the 2015 rehabilitation area, which it says will speed up the development of Navi Mumbai international airport. (NMIA) rehabilitation and resettlement area. The validity of the said notice expired …

Dec. 2 (Reuters) – China Aoyuan Group (3883.HK) said on Thursday that creditors had demanded repayment of $ 651.2 million due to a series of downgrades, and the property developer warned shareholders that he might not be able to pay due to crunching liquidity. Downgrades of rating agencies such as S&P, Fitch and Moody’s over …

Offshore bondholders from Chinese property developer Kaisa have rejected the struggling group’s offer to extend the maturity of their debt and avoid default next week, according to a letter to the chairman of the company seen by the Financial Times. The move could worsen the crisis at Kaisa, one of China’s most indebted developers, which …

November 27, 2021 JSOULS MADDISON was sure he had scored. As his free kick broke through the wall of Arsenal players, a goal seemed certain. Somehow, Arsenal goalkeeper Aaron Ramsdale got his hands on the ball and held it aside. “Best save I’ve seen in years,” said Peter Schmeichel, a former goalkeeper. Others noted a …

COP26 has passed. The public and private sectors, as well as the media around the world, are eagerly evaluating its achievements or lack thereof. The climate talks in Glasgow witnessed first-hand the passion of young people demanding that governments act with greater urgency, while their national representatives worked overtime to find common ground on the …

BEIJING, Nov.24 (Reuters) – Chengdu, in southwest China, has announced plans to ensure developers receive funds from pre-sold properties and new loans, as part of the first initiative of this type of a Chinese city to alleviate a liquidity crisis that shook confidence in the sector. Real estate companies face financial crisis due to regulatory …

COVID has left a deeply painful legacy of loss and grief – a legacy that continues to worsen with no clear end in sight. Part of that legacy is the unimaginable mental, physical and logistical hardships experienced by people who are removed – or threatened with removal – from their homes and rental accommodation. It …

WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, November 20: Figures that have been released by the Kuwaiti Ministry of Finance show a decline in state current account profits of about 91.5% at the end of fiscal year 2020-2021, or about 306,000 dinars, against 3.6 million dinars in 2019-2020, reports the daily Al-Qabas. This situation, according …